Hultquist Corporation has two manufacturing departments-Forming and Customizing. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Forming Customizing 5,000 $20,000 Total 5,000 $12,000 10,000 $32,000 $ 2.00 $ 4.00 Estimated variable manufacturing overhead cost per HH During the period, the company started and completed two jobs-Job C and Job L Data concerning those two jobs follow: Direct materials Job C Job L $16,200 $9,500 Direct labor cost Forming machine-hours Customizing machine-hours $22,900 $9,900 2,700 400 2,300 4,600 Required: a. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours, Calculate that overhead rate. (Round your answer to 2 decimal places.) b. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. Calculate the amount of manufacturing overhead applied to Job L. (Do not round intermediate calculations.) c. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. Calculate the total manufacturing cost assigned to Job L (Do not round intermediate calculations.) d. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours and uses a Calculate the selling price for Job L. (Do not round intermediate u. Assumie nat ure company uses a pianiwiue predetermined manufacturing overeau Tate Daseu o mors and uses a markup of 80% on manufacturing cost to establish selling prices. Calculate the selling price for Job L. (Do not round intermediate calculations.) e. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. What is the departmental predetermined overhead rate in the Forming department? (Round your answer to 2 decimal places.) f. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. What is the departmental predetermined overhead rate in the Customizing department? (Round your answer to 2 decimal places.) g. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. How much manufacturing overhead will be applied to Job L? (Do not round intermediate calculations.) a Predetermined overhead rate b. Manufacturing overhead applied c Manufacturing cost d. Selling price $ 6.22 per MH $ 42,780 $ 62,180 e. Forming predetermined overhead rate $ 6.00 per MH f Customizing predetermined overhead rate 9 Manufacturing overhead applied job L $ 6.40 per MH $ 43,240